Peanuts & Corn was founded in Brandon, Manitoba, by Rod Bailey AKA mcenroe.[2][3] The first recording to be produced under the label was The Space EP, created by mcenroe's band, Farm Fresh in 1994.[4]
The label has since relocated first Winnipeg, Manitoba, and later Vancouver, British Columbia, where it is now based.[5] One of the most actively involved artists at Peanuts & Corn has been Pip Skid, who has also gone by the name of Wicked Nut.[6]
By 2004 Peanuts & Corn, along with its sister company Breadwinner Music Group, was producing and releasing tracks and albums for a number of artists in the Canadian hip hop music scene,[7][8] As of 2010 there had been about 40 releases on Peanuts & Corn, and more on affiliated and subsidiary labels throughout Canada and internationally.[9]